
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Mar-22 18:05 CT
Price Action
- Last: 592.55,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt low 576.4,
- 4. Pvt. Next: Pvt high 614.35,
- 5. Levels R: 636.6, 631.92, 614.35, 608.44, 598.88,
- 6. Levels S: 580.74.
Daily Benchmarks
- (Short-Term) 5 Day: 598.55 Down Trend,
- (Short-Term) 10 Day: 606.88 Down Trend,
- (Intermediate-Term) 20 Day: 604.31 Down Trend,
- (Intermediate-Term) 55 Day: 608.44 Down Trend,
- (Long-Term) 100 Day: 614.35 Down Trend,
- (Long-Term) 200 Day: 592.55 Down Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
The QQQ daily chart is showing pronounced bearish momentum across all timeframes. Price has broken decisively below all key moving averages, with the last price at 592.55 sitting at or below the 200-day benchmark, confirming a major trend shift to the downside. Large bars and fast momentum indicate heightened volatility and strong selling pressure. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 576.4 and the next potential reversal only at 614.35, suggesting a wide range for any countertrend move. Resistance levels are stacked above, while support is relatively thin, with the nearest significant support at 580.74. The ATR is elevated, and volume remains robust, reinforcing the current volatility regime. The overall structure points to a market in a corrective or potentially impulsive down phase, with no immediate signs of stabilization or reversal. This environment is characterized by aggressive selling, failed rallies, and a lack of sustained buying interest, typical of a swing-trading downtrend phase.
Chart Analysis ATS AI Generated: 2026-03-22 18:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.